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Biotech / Medical : Biotech Valuation
CRSP 53.54-3.1%3:59 PM EST

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To: Biomaven who wrote (7836)2/6/2003 5:17:33 PM
From: Biomaven  Read Replies (1) of 52153
 
OK, this is wildly OT, and I hope it doesn't lead us even further OT, but I couldn't resist this quote from the French foreign minister addressing the UN yesterday:

But Iraq must cooperate actively. This country must completely, immediately meet the requirements of Mr. Blix and ElBaradei, (inaudible) by committing the holding, without witnesses, of meetings between Iraqi scientists; by agreeing to the use of U-2 observation flights, by adopting legislation prohibiting the manufacture of weapons of mass destruction;

Well, legislation like that is certainly going to finally put to rest the whole weapons of mass destruction issue. <g>

That remark is certainly going to be a strong entrant in the little-known "Most Inane Comment Ever by a First-World Foreign Minister" category.

BTW, I predict war in mid-March, no matter what Iraq does or does not do (and that's been my view for over a month now). Maybe some S&P puts to hedge against a non-ideal outcome is a smart idea. Everyone seems to be assuming it will go smoothly, but the notion of say an Iraqi chemical/biological attack on Israel, followed by a nuclear response, is at least not inconceivable.

Peter
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